Property profile

185 Newburgh Rd Westland, MI 48185

OFF-MARKET
Land
1.67 ac lot
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Property summary

AI-generated overview

This exceptional 1.67-acre commercial land parcel presents a remarkable development opportunity in Westland, Michigan. Strategically located on the northwest corner of Newburgh Road and Cherry Hill, this property boasts 220 feet of frontage on Newburgh Road, ensuring high visibility and accessibility. Its prime location is adjacent to a CVS pharmacy, providing immediate proximity to established retail and high traffic flow. The property is zoned CB-3, General Commercial Business District, allowing for a wide range of commercial uses, making it ideal for various development projects. Situated just one mile south of Ford Road and in close proximity to I-275, this location offers unparalleled convenience and connectivity. The asking price for this exceptional property is $400,000. With its size, visibility, zoning, and strategic location, this parcel represents a significant investment opportunity for developers seeking a high-impact commercial project in a thriving area. The property's proximity to major roadways and established businesses makes it an attractive location for a variety of commercial ventures. This is a rare opportunity to acquire a substantial commercial land parcel in a highly desirable location.

Property profile

Verified
Property type Land
Lot 1.67 ac (72,745 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

185 Newburgh Rd Westland, MI 48185
Westland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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